Svmuu News: "Yunfeng Youyu," a platform under Yunfeng Financial, has officially launched a "Physical Gold Token" product, open to users who have completed professional investor certification. The product is supported by AlphaToken, which provides blockchain and RWA tokenization infrastructure, with each token pegged to 1 gram of LBMA-certified, 99.99% pure physical gold stored as the underlying asset.
The company stated that the relevant gold assets are custodied in internationally certified vaults, with transparency and security ensured through independent audits and a full segregation and custody mechanism. AlphaToken noted that it has embedded KYC, AML, asset issuance, and risk control processes into the underlying infrastructure, enabling licensed financial institutions with on-chain issuance and management capabilities. Yunfeng Financial indicated that it will further launch more on-chain wealth management products by integrating AI and Web3 technologies in the future.
Yunfeng Youyu, a subsidiary of Yunfeng Financial, has launched a physical gold token product
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Source:Odaily · Source Link
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